Startup Professionals Musings

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How Baby Boomers Fit In The Realm Of Entrepreneurship

Startup Professionals Musings

According to a report last year from the Kauffman Foundation , the highest rate of entrepreneurship in America shifted a few years ago to the Boomer age group, compared to Gen-X (1965 to1980) and Gen-Y (1981 to 1995). Today people over 55 are almost twice as likely to create successful startups as Gen-Y, age 20 to 34.

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Startups Are Not Just The Realm Of Young Generations

Startup Professionals Musings

According to the most recent report from the Kauffman Foundation , the highest rate of entrepreneurship in America shifted a few years ago to the Boomer age group, compared to Gen-X (1965 to1980) and Gen-Y (1981 to 1995). Today people over 55 are almost twice as likely to create successful startups as Gen-Y, age 20 to 34.

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5 Stages of Disruption Denial Cause A Startup Dilemma

Startup Professionals Musings

Christensen in “ The Innovator’s Dilemma ” way back in 1995. What entrepreneurs forget or don’t realize is that most customers are wary of all technology, educating the market on new technology is expensive, takes a long time, and people buy problem solutions rather than technology. Investors will likely wait for more traction.

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What the 5 Stages of Grief Teach Us About Technology

Startup Professionals Musings

Christensen in “ The Innovator’s Dilemma ” way back in 1995. What entrepreneurs forget or don’t realize is that most customers are wary of all technology, educating the market on new technology is expensive, takes a long time, and people buy problem solutions rather than technology. Investors will likely wait for more traction.

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More Successful New Entrepreneurs Are Baby Boomers

Startup Professionals Musings

According to the most recent report from the Kauffman Foundation , the highest rate of entrepreneurship in America shifted a few years ago to the Boomer age group, compared to Gen-X (1965 to1980) and Gen-Y (1981 to 1995). Today people over 55 are almost twice as likely to create successful startups as Gen-Y, age 20 to 34.

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How The Right Employees Have An Innovation Advantage

Startup Professionals Musings

An employee of Sun Microsystems, James Gosling, created a new object-oriented programming language called Oak in 1995. Yet there is sometimes greater value in being very deliberate at calculating risk and making more thought-out proposals for change. He de-risked it initially by using it to set up client Time Warner cable boxes.

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8 Ways The Stakes Are Higher On Customer Expectations

Startup Professionals Musings

Generation Z (born after 1995) is a new major spending demographic, who expects to do everything via their smartphone, and lives on YouTube videos, instead of reading instruction manuals. Today you need your best team members, with the best incentives, focused on impressing customers with creative solutions.

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